24/7 Market News Snapshot 13 March, 2025 – Wang & Lee Group, Inc. Ordinary Shares (NASDAQ:WLGS)

March 13, 2025

DENVER, Colo., 13 March, 2025 (247marketnews.com) – (NASDAQ:WLGS) are discussed in this article.
Wang & Lee Group, Inc. (WLGS), a frontrunner in sustainable technology, has achieved a remarkable milestone in its market performance, opening at $3.60 and experiencing a substantial rise to $4.049, reflecting a 29.78% increase. This surge follows a robust trading volume of 1.21 million shares, indicating heightened investor enthusiasm. Technical indicators suggest a bullish outlook, with potential for further gains as the company garners increased attention.

In conjunction with its impressive market activity, WLGS recently announced the acquisition of Solar (HK) Limited, valued at HK$15 million, finalized on March 12, 2025. This strategic move, executed via a convertible promissory note, aims to bolster WLGS’s renewable energy initiatives, particularly through the integration of SolarHK’s extensive expertise and existing partnerships. The acquisition is set to enhance WLGS’s ongoing projects, notably a pioneering solar battery-powered cryptocurrency mining operation in partnership with NQ Marble Pty Ltd.

Founded in 2019, SolarHK has established itself within the renewable energy sector, successfully completing over 50 projects while fostering strong connections with rural landowners and industrial sites. WLGS intends to leverage these local relationships to implement a flagship initiative worth US$100 million, focusing on hybrid solar-battery systems. This innovative initiative generates sustainable energy for localized crypto mining and creates opportunities for landowners to benefit from surplus energy sales, offering pathways to dual revenue streams.

The synergy of SolarHK’s local expertise and WLGS’s advanced lithium-ion technology and blockchain applications positions the company to transform underutilized land into sustainable sites for crypto mining. WLGS is committed to innovating in renewable energy, setting new environmental standards, and contributing significantly to the evolving landscape of blockchain technology globally. As progress unfolds, attention remains on WLGS’s efforts to reshape the future of energy while adhering to its sustainable vision.

Related news for (WLGS)

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.